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To: TheThirdRuffian
And, as we pointed out last week, British Petroleum was busted for manipulating the propane market and fined over $300 million; and Amaranth Partners was caught manipulating the natural gas market, unconscionably causing the futures price for natural gas to raise every Texan’s electric bills. (It took two years for Amaranth to be exposed.)

Yeah, Amaranth took a billion-dollar bath in the end. But at what cost to users of natural gas during two years of market manipulation?

35 posted on 06/09/2008 2:18:46 PM PDT by dirtboy
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To: dirtboy

“But at what cost to users of natural gas during two years of market manipulation?”

Markets always go too high and too low by nature.

Save up your extra pennies when it’s too low because you’ll have to spend too much when it’s too high.


36 posted on 06/09/2008 2:21:36 PM PDT by TheThirdRuffian (McCain is the best candidate of the Democrat party.)
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